How to File ITR as a Freelancer in India: Complete Guide for FY 2024-25

Intro:
Freelancers, YouTubers, consultants, and gig workers — if you’re earning from clients, content, or side hustles, you’re required to file ITR just like salaried folks.

But don’t worry — here’s a simple, step-by-step guide to file your ITR stress-free and save tax smartly.


Step 1: Know Which ITR to File


Step 2: Collect These Documents

  • Bank statement (all accounts)
  • Invoices sent to clients
  • TDS certificates (Form 16A)
  • Form 26AS & AIS from income tax portal
  • Expense bills (laptop, rent, software, travel, etc.)

Step 3: Calculate Total Income & Expenses

  • Use Excel or apps like Vyapar, Zoho Books
  • Declare only net profit if using Section 44ADA (50% of gross receipts)

Step 4: Login to https://incometax.gov.in

  • Go to “File Income Tax Return”
  • Choose FY 2024-25 → Individual → ITR-4
  • Fill in income details + bank account + deduction claims
  • Validate with Aadhaar OTP

Step 5: Pay Advance Tax (if applicable)

  • If your tax liability exceeds ₹10,000 in a year
  • Pay in 4 installments (June, Sept, Dec, Mar) to avoid interest under 234B/234C

Pro Tips:

  • Don’t ignore TDS! Many clients deduct 10% — claim it in your ITR
  • Use Form 26AS + AIS to cross-check reported income
  • Declare foreign payments (PayPal, Wise, etc.) under FCRA if received from abroad

Social Caption:
Freelancer? Filing ITR doesn’t have to be messy. This 5-step guide makes it easy — and helps you save tax too!


Up next, want a carousel post with a “Top 5 Mistakes Freelancers Make While Filing ITR”? Great for Instagram + LinkedIn traffic.

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